This "ground-up" approach solves the problem of maturity mismatch when constructing credit-spread
The country's life insurers are also increasing their investments in foreign credit-spread
products to improve yields.
The optimal strategy for managing a cash balance plan's assets involves purchasing credit assets to achieve the appropriate credit-spread
hedge (determined within the context of the overall portfolio), and then investing the rest of the portfolio in Treasury securities and long and short interest rate derivatives that match the plan's specific key interest rate duration sensitivities.
Using a credit-spread
discipline, investment managers might buy an industrial bond when spread levels are wide and it's attractively priced from that standpoint, LoPorto said.
spikes in 1990 and 1999 coincided with the beginning of multiple-year runs of small-cap outperformance.
program is an automated system used to prepare a detailed credit analysis of a commercial company's financial statement.